All Forum Posts by: Andrew Fusco

Hello all, I am currently trying to learn how to find and purchase pre-foreclosure or just foreclosures in general. I signed up for a membership with foreclosure.com and have found a couple properties. I would like to reach out to the current owners but do not know how to get this information. I tried looking up on the county website but did not have any luck. If there are any methods you guys have on finding these properties and getting ahold of the property owner I would love to hear them. Thanks in advance!

Hello all, I am trying to avoid refinancing a rental property because my interest rate on it is 3.2%. I just discovered a business loan through fund&grow that offers a zero percent interest rate for 12-16 months. You pay an annual fee of $3500, they do a soft credit check, then they give you a loan in monthly increments. Typical first batch of the loan comes within 3 weeks and it is approximately $30,000-100,000, the next batch comes 4 months after and so on and so forth. My question is: has anyone used this, And if they have how was your experience? Thanks in advance! 

Hello everyone, I have one rental unit that currently has a 3.2% interest rate. It has about $100,000 in equity that I would like to access Is there any way to do that without refinancing so I can avoid changing my interest rate? Thanks in advance for any answers! 

Hello all! My wife and I bought a house 10 months ago and renovated it. We purchased this property for $212,000, put in some sweat equity, and invested approximately $20,000. We are estimating the ARV will be around $300,000. When we purchased this property we used a conventional loan and used it under my name. The question is, do we take a 2nd mortgage under her name or do we refinance our current house and use that money for our second property?

Adding onto that last question. In your guys opinion, are we better off purchasing a single-family home on this second rental property, or are we better of using the house hacking strategy and purchasing a multi-family?

Thank you guys, looking forward to hearing from you!